The signs of a new season surround us: Flowers are blooming, trees are budding, and another Facebook privacy fracas is brewing.

The last event kicked off a week ago, when the popular social network posted a note[2] on its blog about “working with some partner Web sites that we pre-approve to offer a more personalized experience” at those sites.

The potential downside seems obvious. You’ll see that some random site knows who your Facebook friends are and fret about other once-private information Facebook might be leaking. But what will you be able to do when so much of your life is tied up there?

[3] “Facebook’s Plan To Automatically Share Your Data With Sites You Never Signed Up For,”: http://techcrunch.com/2010/03/26/facebooks-plan-to-automatically-share-your-data-with-sites-you-never-signed-up-for

[8] And Now Facebook’s Bankers Are Divvying Up The $100 Million They Made Shorting Facebook’s Stock: http://www.prisonplanet.com/and-now-facebooks-bankers-are-divvying-up-the-100-million-they-made-shorting-facebooks-stock.html